Insight
Flights over 5,000 kilometers (e.g., most routes to the U.S. and China) will be excluded from the new emissions charges under the proposal.
Europe May Finally Charge International Flights for Emissions
Summary
Europe is proposing to include international flights in its Emissions Trading Scheme, potentially increasing ticket prices for certain routes. While exceptions exist for long-haul flights, this move could impact travel costs for STR hosts who rely on international guests or travel themselves. The proposals aim to curb private jet emissions.
Key takeaway